Editor in Chief: Moh. Reza Huwaida
Friday, August 18th, 2017

UN Imposes Tough New Sanctions on North Korea

August 07, 2017

UNITED NATIONS — The U.N. Security Council unanimously approved tough new sanctions Saturday to punish North Korea for its escalating nuclear and missile programs including a ban on coal and other exports worth over $1 billion — a huge bite in its total exports, valued at $3 billion last year.
U.S. Ambassador Nikki Haley called the resolution “the single largest economic sanctions package ever leveled against the North Korean regime” and “the most stringent set of sanctions on any country in a generation.”
But she warned that it is not enough and “we should not fool ourselves into thinking we have solved the problem — not even close.” “The threat of an outlaw nuclearized North Korean dictatorship remains ... (and) is rapidly growing more dangerous,” Haley told council members after the vote.
The U.S.-drafted resolution, negotiated with North Korea’s neighbor and ally China, is aimed at increasing economic pressure on Pyongyang to return to negotiations on its nuclear and missile programs — a point stressed by all 15 council members in speeches after the vote. President Donald Trump tweeted: “The United Nations Security Council just voted 15-0 to sanction North Korea. China and Russia voted with us. Very big financial impact!” (AP)